List Price: $1,199,900
Sale Price: $1,103,500
The Property: This large four-year-old house resides in a Wilmette neighborhood where new construction has replaced about one-third of the older ranch houses that still characterize the area. It has 13 rooms, five of them bedrooms (one is in the basement, where it would commonly be used for a nanny or guests), a pillared foyer, and a spacious kitchen lined with cherry cabinets. From the family room, French doors open onto a nice patio—but that’s about all there is to...

" /> List Price: $1,199,900
Sale Price: $1,103,500
The Property: This large four-year-old house resides in a Wilmette neighborhood where new construction has replaced about one-third of the older ranch houses that still characterize the area. It has 13 rooms, five of them bedrooms (one is in the basement, where it would commonly be used for a nanny or guests), a pillared foyer, and a spacious kitchen lined with cherry cabinets. From the family room, French doors open onto a nice patio—but that’s about all there is to...

" /> List Price: $1,199,900
Sale Price: $1,103,500
The Property: This large four-year-old house resides in a Wilmette neighborhood where new construction has replaced about one-third of the older ranch houses that still characterize the area. It has 13 rooms, five of them bedrooms (one is in the basement, where it would commonly be used for a nanny or guests), a pillared foyer, and a spacious kitchen lined with cherry cabinets. From the family room, French doors open onto a nice patio—but that’s about all there is to...

" />
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Tag: Sale of the Week
Sale of the Week—At a Loss in Wilmette
By Dennis Rodkin
List Price: $1,199,900
Sale Price: $1,103,500
The Property: This large four-year-old house resides in a Wilmette neighborhood where new construction has replaced about one-third of the older ranch houses that still characterize the area. It has 13 rooms, five of them bedrooms (one is in the basement, where it would commonly be used for a nanny or guests), a pillared foyer, and a spacious kitchen lined with cherry cabinets. From the family room, French doors open onto a nice patio—but that’s about all there is to...

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Sale of the Week—Breaking the Mold in Glen Ellyn
By Dennis Rodkin

List price: $600,000
Sale Price: $545,000
The Property: When a homeowner owes more than a house is worth, that’s called being “under water.” In the case of this house, the term took on a double meaning.

The sellers of this house had bought the place in July 2006 for $800,000. The next year they moved to New York before they were able to sell the home, says their agent, RE/Max’s Christopher Kouros. Eventually the sellers, whose names do not appear in public records, dropped their asking price to...

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Sale of the Week—Renter Buys His Mag Mile Penthouse
By Dennis Rodkin
List Price: $3.6 million
Sale Price: $3.6 million
The Property: A large 54th-floor penthouse in the 55 East Erie tower changed owners last week, but no movers were involved. Sanjay Khosla, an executive vice president of Kraft Foods and president of the company’s Kraft International unit, had been renting the 4,500-square-foot, three-bedroom condo from Michael Giambrone; on April 23rd, Khosla bought...

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Sale of the Week—Down on Armour’s Lake Forest Farm
By Dennis Rodkin

List Price: $2,099,000
Sale Price: $1,975,000
The Property: It’s only four years old, but with its low arches, brick corner quoining, and hefty, detailed chimney, this ten-room home in Lake Forest looks as if it might have been plucked out of the English countryside a century ago. That’s what makes it so well suited to its surroundings, a hilltop neighborhood of about 50 gentry homes that overlook one of the prettiest pieces of countryside...

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Sale of the Week—In Lake View, the Deal Was in the Details
By Dennis Rodkin
List Price: $1,124,000
Sale Price: $1,051,282
The Property: After years of working separately on rehabbing vintage buildings, two Lake View builders, Bryan Hansen and Sharon Pratt, have come to “believe in details,” says Hansen. In their first collaboration on a new house, they indulged that belief, creating a warm, distinctive house that sold relatively quickly in...

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Sale of the Week—Priced to Sell in Lincoln Park
By Dennis Rodkin
List Price: $2,599,500
Sale Price: $2,375,000
The Property: Almost two years old but never occupied, this ten-room house would seem to have everything going for it, starting with location. It is only half a block from lovely Oz Park, and unlike most of the traffic-clogged Lincoln Park neighborhood, the one-way, block-long street it sits on offers some degree of privacy. As for the house itself, it is... Read more
Sale of the Week—Builder’s Loss, Buyer’s Gain in Burr Ridge
By Dennis Rodkin
List Price: $1,199,000
Sale Price: $1,300,000
The Property: The buyer of this 15-room house in Burr Ridge got a real bargain, even though the house, left unfinished by the builder who lost it to foreclosure, lacks a few essentials. For instance, it still needs shower doors and a door between the garage and the house, and the builder removed the kitchen appliances and some light fixtures prior to giving title to the bank. And while...

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A Contemporary Lake Forest Farmhouse
By Dennis Rodkin
List Price: $1,599,000
Sale Price: $1,300,000
The Property: The architect Frederick Phillips designed this simple but striking house in 2000 for his widowed, 80-something mother, Katherine Bennett, who had lived nearby in a renovated 19th-century barn for four decades. “She only needed a few rooms,” says Phillips, “but she had always cherished her views of the woods around her.” Phillips designed a house that put all his mother’s needs—kitchen, living and dining room, bedroom, bathroom, and a big deck—on the second floor, with windows all around and elevator access from the...

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Sale of the Week—Doing a Double Take in River North
By Dennis Rodkin

Southeast Condo - List Price: $4.95M - Sale Price: $4.95M
Northeast Condo- List Price: $4.65M - Sale Price: $4.7M
The Properties: Two adjacent nine-room penthouses occupying parts of the 59th and 60th floors of the Millennium Centre (at 33 West Ontario Street) sold over the past few weeks, each for more than $4 million. Although the penthouses went to separate buyers, their sales were connected. Only the northeast penthouse was on the market in November, when two different buyers showed strong interest, says Steve Graf, the @Properties agent who was representing that unit. So he approached the owner of....

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Sale of the Week—At a Loss in Northbrook
By Dennis Rodkin
List Price: $1.85 million
Sale Price: $1.65 million
The Property: Built in 1940, when Northbrook was a sleepy little village, this genteel 12-room house evokes that simpler era with its stone gateposts and tall trees, its large screened sunroom, its swimming pool and broad lawn. But thanks to a successful kitchen...

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